Lower Nob Hill Office Space

999 Sutter St 2 Spaces
Lower Nob Hill, San Francisco, CA
Address: 999 Sutter Street Website 999sutter.com Looking for office space, your business can be located in a historic San Francisco property. 999 Sutter Street, built in 1911, boasts 19th century Beaux Arts Classicism architecture and is listed on the National Register of Historic Places. Located in Lower Nob Hill, this 5-story building is considered the finest known architectural example of its building type in downtown San Francisco. The corner of Sutter and Hyde Street is surrounded by an abundance of cafes and restaurants, and is a prime location for a startup, a satellite office or a single office. St. Francis Hospital is a 1-block distance and the developing California Pacific Medical Center is only a short 4-blocks away. Commuters have easy access to public transport via MUNI lines 2, 3, 27, 38 and 49 and proximity to San Francisco's Highway 101 and the Bay Bridge. $900 Available Immediately Historic building in the heart of San Francisco Lower Nob Hill Lots of natural light, with operating windows Hardwood floors Shared lunch/break room Private office Full Service Can provide furnished WiFi with high-speed Internet available (extra) Utilities included (water, electric) Central, vibrant location at Sutter & Hyde Streets 1 block from St Francis Memorial Hospital 4 blocks from the new California Pacific Medical Center (Scheduled completion 2019) Van Ness Transit Corridor Plan (2019) Close to transportation, BART between Powell and Civic Center stations, MUNI and Golden Gate Transit, UBER, LYFT Nearby Getaround/CARMA (City Car Share), Zipcar Flexible lease terms available Plenty of street parking and close to multiple garages Within walking distance to: Financial District Union Square Market Street SOMA City Hall

Lower Nob Hill

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$76
Median Size (sqft)
1,350
As of: March 12, 2017

Lower Nob Hill Rates

On average, listings lease in the $70's per square foot per year. The Lower Nob Hill region is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Bay Area market, the Lower Nob Hill region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Lower Nob Hill Listing Supply

In the last 90 days, 16 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 6% of the listings in the Lower Nob Hill are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this region are around 4 floors. Most buildings in this market were built in 1915 and are Class B.

Lower Nob Hill Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this area. Most of the residents of Lower Nob Hill work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lower Nob Hill.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lower Nob Hill.
Research